he court examines Section 69A, emphasizing that it deals with unexplained money and requires the owner to maintain books of account. Notably, the respondent, being a non-resident Indian, is not obligated to maintain such books in India. The court acknowledges this prima facie and agrees to keep the question open for future deliberation.
Read the detailed analysis of O Clock Software Pvt Ltd vs. ACIT case by ITAT Chennai. Learn why deduction was denied for delayed PF/ESI payment under section 36(1)(va).
Read the full text of the ITAT Kolkata order in the case of Pan Emami Cosmed Limited vs. DCIT. The denial of LTCG exemption overturned, directing AO to allow after examination.
MCA Penalizes CS for digitally signing MGT-7 Completed Statutory Audit. Read the Adjudication Order for Penalty u/s 454(3) of the Companies Act to find out more!
Explore the penalty order under Section 454 of the Companies Act, 2013 against Subway Finance & Investment Co Ltd for violation of Section 92. Details on the adjudication process, findings, and consequences.
Explore the Delhi Metal Company vs Pr Commissioner of Goods and Service Tax case where GST registration cancellation faces technical glitches. Read the detailed judgment and analysis.
Read the detailed analysis of K.N. Abdul Gafoor Vs Kasmisons Builders Pvt. Ltd case as Kerala High Court overturns NCLT’s order regarding the production of a shareholder’s statement of affairs.
Read the detailed penalty order issued by the Ministry of Corporate Affairs for the violation of Section 92 of the Companies Act, 2013 by Victor Impex Limited.
Explore the latest SEBI circular amending guidelines for online dispute resolution in the Indian securities market. Understand key changes and implications.
Delhi High Court ruling in PCIT vs. Verizon Communications India Pvt. Ltd. case: Analysis of 80IA deduction, expansion of telecom services, and tax holiday denial.
